Milkiland Foods PCL (WAR:MLK) Inventory Turnover: 0.82 (As of Mar. 2021)


WAR:MLK Milkiland Foods PCL WAR:MLK
4 GF Score
Price zł1.63
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What is Milkiland Foods PCL Inventory Turnover?

Milkiland Foods PCL WAR:MLK -0.12% 4 Inventory Turnover is 0.82 as of Mar. 2021. GuruFocus rates WAR:MLK with a GF Score™ of 4/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Milkiland Foods PCL's Cost of Goods Sold for the three months ended in Mar. 2021 was zł34.2 Mil. Milkiland Foods PCL's Average Total Inventories for the quarter that ended in Mar. 2021 was zł41.9 Mil. Milkiland Foods PCL's Inventory Turnover for the quarter that ended in Mar. 2021 was 0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Milkiland Foods PCL's Days Inventory for the three months ended in Mar. 2021 was 111.82.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Milkiland Foods PCL's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 1.01.

Milkiland Foods PCL  (WAR:MLK) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Milkiland Foods PCL's Days Inventory for the three months ended in Mar. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2021 )/Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=41.8685/34.166*365 / 4
=111.82

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Milkiland Foods PCL's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=41.8685 / 41.557
=1.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Milkiland Foods PCL Inventory Turnover Related Terms

Milkiland Foods PCL Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Milkiland Foods PCL's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Milkiland Foods PCL Inventory Turnover Chart

Milkiland Foods PCL Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.07 8.90 10.39 10.36 8.41

Milkiland Foods PCL Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 1.46 0.83 0.55 0.82
WAR:MLK
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Milkiland Foods PCL WAR:MLK
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Milkiland Foods PCL Inventory Turnover Calculation

Milkiland Foods PCL's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=455.33 / ((48.713 + 59.556) / 2 )
=455.33 / 54.1345
=8.41

Milkiland Foods PCL's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover (Q: Mar. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2021 ) / ((Total Inventories (Q: Sep. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count )
=34.166 / ((53.017 + 30.72) / 2 )
=34.166 / 41.8685
=0.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.82 mean?
Milkiland Foods PCL (WAR:MLK) has a Inventory Turnover of 0.82 as of Mar. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Milkiland Foods PCL and its competitors.
Is Milkiland Foods PCL's Inventory Turnover too high?
Milkiland Foods PCL's current Inventory Turnover is 0.82. Overall, Milkiland Foods PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Milkiland Foods PCL's Inventory Turnover compare to SHRG and BLEG?
Milkiland Foods PCL's Inventory Turnover of 0.82 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Milkiland Foods PCL and its competitors. Milkiland Foods PCL's current Inventory Turnover is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milkiland Foods PCL stock overvalued right now?
Milkiland Foods PCL (WAR:MLK) has a current Inventory Turnover of 0.82. The current Inventory Turnover is 0.82. Milkiland Foods PCL's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Milkiland Foods PCL (WAR:MLK), the current Inventory Turnover is 0.82 as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Milkiland Foods PCL Business Description

Address 9, Boryspilska Street, Office 303, Kyiv, UKR, 02090
Milkiland Foods PCL is a Netherland-based company engaged in the production and distribution of dairy products. It is organized into three segments which include Whole Milk products, which involves the sale of milk and milk products; Cheese and Butter products, which comprises of hard, soft and processed cheese, as well as packaged butter; and Ingredients, which includes products such as skimmed milk powder, and full cream powder. Geographically, it operates in Russia, Ukraine, Poland, and the Netherlands. It generates the majority of its revenues from the Whole Milk products in Russia.
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zł1.63
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